Bath & Body Works, Inc.

BBWI Consumer Cyclical Specialty Retail

Bath & Body Works, Inc.’s revenue for fiscal 2026 (year ended January 2026) was $7.3 billion, roughly unchanged from fiscal 2025.

Revenue
−2.26%
EPS
+93.3%
Free cash flow
+123.2%
Total debt
−7.05%

Quarter to July 2026, against a year earlier

22.04 1.50 −6.37%
Market cap
$4.5B
P/E
5.7×
Fwd P/E
7.5×
Dividend yield
3.63%
F-score
6/9
Altman Z
2.30
Beneish M
−3.01
Dividend safety
74/100

Bath & Body Works, Inc. (BBWI) Gross margin

Alert me on Gross margin

Bath & Body Works, Inc.'s gross margin over the twelve months to 31 July 2026 was 44.1%, up 0.4 percentage points from fiscal 2026 (43.7%). Over the past ten years it has ranged from 37.0% (fiscal 2019) to 48.9% (fiscal 2022); the current reading is higher than 67% of that period. That is above the Specialty Retail industry median of 36.0% and above the Consumer Cyclical sector median of 34.3%.

Gross margin, annual

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Annual newest first

Period Gross margin Change (points)
FY2026 43.7% (0.52)
FY2025 44.3% 0.70
FY2024 43.6% 0.50
FY2023 43.1% (5.85)
FY2022 48.9% 0.79
FY2021 48.1% 3.96
FY2020 44.2% 7.15
FY2019 37.0% (2.25)
FY2018 39.3% (1.50)
FY2017 40.8% (2.06)

Quarterly newest first

Period Gross margin Change (points)
Jul 2026 45.7% 3.11
Apr 2026 42.6% (3.10)
Jan 2026 45.7% 4.42
Oct 2025 41.3% (0.04)
45 more quarters

Against its own ten years

Low 37.0% High 48.9%
Ten-year median 43.3%
Current reading's percentile 71

Gross margin against peers

Company Gross margin
BOBS Bob's Discount Furniture, Inc. compare 61.0%
SBH Sally Beauty Holdings, Inc. compare 52.1%
MNSO MINISO Group Holding Limited Unsponsored ADR compare 44.9%
RH RH compare 44.3%
BBWI Bath & Body Works, Inc. 44.1%
ARHS Arhaus, Inc. compare 39.8%
GME GameStop Corp. compare 37.9%
ASO Academy Sports and Outdoors, Inc. compare 35.8%
MUSA Murphy USA Inc. compare 11.7%
Specialty Retail industry median 36.0%
Consumer Cyclical sector median 34.3%
Market median 45.1%

What Gross margin is

Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.

Gross Profit ÷ Revenue

The full definition of Gross margin →

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